The 4 things to Consider for IoT Product Development

With the adoption of IoT products becoming more prevalent, you might be considering product design and development of your own IoT device. Here’s everything you need to know about IoT, and how industry experts like LX can help make your product concepts a reality.

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What is IoT?

IoT stands for Internet of Things. It refers to the network of devices and technologies that collect, sample, and transmit data to one another. You likely have an IoT product in your household already, this could be a wearable device like a smart watch, or lighting like smart lightbulbs. 

There are four main factors that make up an IoT product. This includes connectivity, integration, automation, and data collection.

Connectivity; these products connect to other devices over the internet through either wi-fi, cellular, or bluetooth connection. These connections allow devices to communicate with each other.

Integration; with connectivity also comes integration. IoT systems often communicate with one another, and create a cohesive network of devices. An example of this is smart homes that integrate lighting and security functionalities.

Automation; IoT products have automation capability, reducing the need for manual control. This enables users to remotely control devices as well as automate tasks and set triggers for automatic intervention.

Data collection; one of the most advantageous aspects of using IoT products is the ability to collect and analyse data. These devices are equipped with sensors that can gather a wide array of data which offers real-time reporting, providing accurate insights that can be utilised for key decision-making and optimisation. 

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How LX can help

At LX we’re experts in intelligent IoT product design, including IoT cores with industrial grade hardware running an optimised IoT OS, as well as Cloud Backend development for connected devices.

With over 500 completed projects and products in the field, from GPS trackers to water usage monitoring systems, LX has a wealth of experience in product design and the incorporation of the four key aspects of IoT into these products. 

Stelios Trikoulis, the IoT Enterprise Product Owner at Telstra, commented on LX: "They are proven leaders in the field of IoT, and I'd recommend them for engagements of any size and complexity." 

Our IoT strategy and team of product development experts integrate disparate elements into full-stack services focused on the challenge or opportunity you want to address.

By contacting LX for an initial obligation-free consultation, we can work with you to identify the key aspects of your product concept and ensure your idea doesn’t just stay an idea. Our approach ensures the inclusion of each key aspect of IoT, and is a complete and focused process on delivering what’s next, now. Contact LX to find the best IoT solution for you.